The USD/JPY rose during the session on Tuesday as the risk appetite rose as well. The 80 level above continues to be the current “ceiling” for price, and as a result we think that a clearing of...
The GBP/USD pair rose during the session on Tuesday as the risk appetite rose globally. The move higher coincided with a lot of stimulus talk, and the rising stock markets. The top of the recent gap has...
The AUD/USD pair had a bullish session on Tuesday as the “risk on” trade came back. Rumors of Federal Reserve easing continued to hit the markets, and as a result the “hopium” trade returned.
The USD/CAD pair fell during the session on Tuesday as the oil markets bounced slightly, giving some hope to the Canadian dollar bulls. The pair has been in a nice uptrend lately, but found a lot of...
The markets saw very little movement yesterday, as the combination of a slow news day and worries about the outcome of the upcoming elections in Greece caused investors to limit the number of new positions they opened.
The euro saw significant gains when markets opened for the week, as news that a $125 billion bailout for Spanish banks was being put together generated risk taking in the marketplace.
The EUR/USD pair continued to be the focus of all things Forex on Monday as the weekend saw the Spanish banks receiving a bailout. The 125 billion Euro bailout was initially greeted by the market with relief...
The USD/JPY pair had a negative session on Monday as the markets initially felt good about the weekend deal with Spain, but turned sour overall. The candle for the session ended up being a red one, but...
The GBP/USD pair initially rose during the session as the announcement of a Spanish bank bailout hit the wires this past weekend. However, as the session continued, the pop that the pair initially saw ended up fizzling...
The AUD/USD pair fell hard during the session on Monday as the “risk off” trade came back with a vengeance in the European afternoon. The parity level has served as massive resistance again, and this pair looks...
